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    Lansing, IL Apartment Buildings for Sale

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    Munster, IN Lynwood, IL Calumet City, IL
    11 properties
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    Rehabbed 6-Unit Apartment Building
    Updated: Mar 15
    Rehabbed 6-Unit Apartment Building

    3069 BERNICE Road, Lansing, IL 60438

    $725,000
    6‑unit apartment building built in 1978
    Owners report fully renovated 15 of 18 units across this building and two additional buildings also available for sale (3045 and 3061 Bernice)
    Past year: complete tear‑off new roof
    Reported $9,109 rental income
    Electric heaters installed in units to largely bypass boilers (boilers still installed but rarely kick on)
    View details
    Rehabbed Multi-Family Investment Opportunity
    Updated: Mar 15
    Rehabbed Multi-Family Investment Opportunity

    3045 BERNICE Road, Lansing, IL 60438

    $775,000
    6‑unit apartment building built in 1978.
    Almost $9,500 in rental income reported.
    Complete tear‑off new roof installed within the past year.
    Ownership renovated 15 of 18 units across the building and two additional properties (also available: 3061 and 3069 Bernice).
    Electric heaters installed in units to largely bypass boilers (boilers still installed but rarely kick on per remarks).
    View details
    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3061 BERNICE Road, Lansing, IL 60438

    $800,000

    Turnkey investment opportunity with renovated units and new roof.

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    Lansing Multifamily Investment Opportunity
    Lansing Multifamily Investment Opportunity

    18422 Torrence Avenue, Lansing, IL 60438

    $1,280,000
    12,000 sqft · 0.40 AC lot

    12-unit multifamily property in Lansing, Illinois, with excellent visibility.

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    Multifamily Property with Off-Street Parking
    Multifamily Property with Off-Street Parking

    2121 176TH PL, Lansing, IL 60438

    $695,000
    6,000 sqft · 0.18 AC lot

    Three-story building offers six units with off-street parking and convenient access to major south suburban routes.

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    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3045 BERNICE Road, Lansing, IL 60438

    $775,000

    Turnkey investment property with renovated units and high rental income.

    View details
    Rehabbed Six-Unit Apartment Building
    Rehabbed Six-Unit Apartment Building

    3069 BERNICE Road, Lansing, IL 60438

    $725,000

    Turnkey investment opportunity with renovated units and new roof.

    View details
    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3061 BERNICE Road, Lansing, IL 60438

    $800,000

    Turnkey investment opportunity with renovated units and new roof.

    View details
    Remodeled Lansing Commercial Property
    Remodeled Lansing Commercial Property

    3323 Ridge Road, Lansing, IL 60438

    $725,000
    0.18 AC lot

    Remodeled bar/restaurant with apartment and outdoor patio in Lansing.

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    Multifamily Property in Lansing, Illinois
    Multifamily Property in Lansing, Illinois

    18429 Torrence Ave, Lansing, IL 60438

    $450,000
    5,400 sqft

    Six-unit building with income potential in Chicagoland area.

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    Income-Producing Mixed-Use Lansing Property
    Income-Producing Mixed-Use Lansing Property

    2936 Bernice Road, Lansing, IL 60438

    $219,500
    2,960 sqft

    Mixed-use property in Lansing with office and residential units.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Lansing, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained 12-Unit Apartment Building
    Well-Maintained 12-Unit Apartment Building

    Calumet City, IL 60409

    $799,996

    12-unit apartment building near Illinois-Indiana border with income potential.

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    Harvey Multifamily Investment Opportunity
    Harvey Multifamily Investment Opportunity

    15633 Lexington Avenue, Harvey, IL 60426

    $499,999

    Six-unit brick building with income and value-add potential.

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    7-Unit Multifamily Investment
    7-Unit Multifamily Investment

    11 157th Street, Calumet City, IL 60409

    $400,000
    5,000 sqft

    Seven-unit building with recent roof repairs and unit renovations, offering a mix of 1- and 2-bedroom residences for investors.

    View details
    Seven-Unit Multifamily Investment Property
    Seven-Unit Multifamily Investment Property

    15633 Lexington Ave, Harvey, IL 60426

    $450,000
    8,600 sqft

    Seven units, investor-ready, priced to sell with upside potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Off-Market Properties in Lansing, IL

    Consider similar Off-Market properties in Lansing, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    18305 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18305 Exchange Ave, Lansing, IL 60438-2963

    $770,000
    Estimated value
    0.18 AC lot
    View details
    18305 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18305 Exchange Ave, Lansing, IL 60438-2963

    $770,000
    Estimated value
    0.18 AC lot
    View details
    18305 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18305 Exchange Ave, Lansing, IL 60438-2963

    $770,000
    Estimated value
    0.18 AC lot
    View details
    18217 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18217 Exchange Ave, Lansing, IL 60438-2944

    $560,000
    Estimated value
    0.18 AC lot
    View details
    18001 Burnham Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    18001 Burnham Ave, Lansing, IL 60438-2336

    Value Estimation by Request
    1,972 sqft · 0.18 AC lot
    View details
    18375 Torrence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    18375 Torrence Ave, Lansing, IL 60438-2880

    Value Estimation by Request
    2,507 sqft · 0.11 AC lot
    View details
    2415 Thornton Lansing Rd
    GARDEN APT, COURT APT (5+ UNITS)

    2415 Thornton Lansing Rd, Lansing, IL 60438-2151

    $925,000
    Estimated value
    0.30 AC lot
    View details
    17702 Exchange Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    17702 Exchange Ave, Lansing, IL 60438-4815

    Value Estimation by Request
    3,760 sqft · 0.17 AC lot
    View details
    18217 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18217 Exchange Ave, Lansing, IL 60438-2944

    $560,000
    Estimated value
    0.18 AC lot
    View details
    3609 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3609 Rdg Rd, Lansing, IL 60438-3352

    Value Estimation by Request
    1,530 sqft · 0.10 AC lot
    View details
    19229 Burnham Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    19229 Burnham Ave, Lansing, IL 60438-3898

    Value Estimation by Request
    1,795 sqft · 2.45 AC lot
    View details
    3538 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3538 Rdg Rd, Lansing, IL 60438-3315

    Value Estimation by Request
    2,270 sqft · 0.21 AC lot
    View details
    3601 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3601 Rdg Rd, Lansing, IL 60438-3379

    Value Estimation by Request
    7,474 sqft · 0.11 AC lot
    View details

    Lansing, IL Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Lansing, IL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 26,360 square feet of properties for sale, with an estimated market value of $2,644,500.

    Sale prices for two-family homes in Lansing, IL start at $219,500, averaging $661,125, and reaching up to $1,280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.6%
    Median Household Income $72,043
    College Educated 38.6%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60438 $740.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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